Blackstone Mortgage Trust

Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe and Australia.

Blackstone Affiliation

Our manager’s global presence and dynamic capabilities enable us to identify opportunities with conviction and partner with leading sponsors and financial institutions.

Floating Rate Senior Lending

Our mortgage loan portfolio is well positioned for yield and value preservation in various rate and credit environments.

Financing Advantage

Our large scale, high quality business drives efficiently priced and well structured financing with an emphasis on long term stability.

Blackstone Mortgage Trust Reports Third-Quarter 2024 Results

BXMT is sponsored by the largest owner of commercial real estate globally


Blackstone is the largest alternative asset manager

$1.1T

assets under management, including $325B in our Real Estate business


Blackstone Real Estate’s portfolio

$603B

in global value[1]

Note: All figures as of September 30, 2024 unless otherwise indicated.
1. As of June 30, 2024.

Our Portfolio

Our $19.3 billion portfolio is predominantly composed of loans on major market assets with top sponsors and is well diversified across asset classes and geographies.

Overview


$19.3

BILLION SENIOR LOAN PORTFOLIO


149

LOANS


63%

W.A. Origination LTV

As of September 30, 2024. States comprising less than 1% of total loan portfolio are excluded.

Sample Transactions

New Multifamily Development

Brooklyn, NY

$500 million whole loan secured by a newly developed multifamily property in Brooklyn, NY. The waterfront building is highly-amenitized and well-located, with 30% of the apartments designed as affordable.

Beachfront Hotel
Huntington Beach, CA

$156 million floating rate, first mortgage loan secured by a newly-built beachfront hotel located in Huntington Beach, CA. The property is anchored by an irreplaceable location, generating robust transient and group demand.

Our Manager is part of Blackstone’s leading real estate platform, which has $325 billion of investor capital under management.

Literature

3Q 2024 Earnings Release Presentation
3Q 2024 Company Presentation
Fact Sheet
Integrated Approach to ESG

Loan Parameters

Primarily First
Mortgage

Collateral

$50mm+

Loan Size

75%

Last Dollar LTV

+325bps
and up

Pricing

Executive and Other Senior Officers

Board of Directors

Contacts

New York

345 Park Avenue
New York, NY 10154
Phone: +1 (212) 583-5000


ORIGINATION CONTACTS

Los Angeles

100 Wilshire Blvd, Suite 200
Santa Monica, CA 90401
Phone: +1 310 310 6949


ORIGINATION CONTACTS

London

40 Berkeley Square
London, W1J 5AL, U.K.
Phone: +44 (0)20 7451 4000


ORIGINATION CONTACTS